Great investors · Mason Hawkins · Q2 2026
What Mason Hawkins bought and sold in Q2 2026
Southeastern Asset Management 13F portfolio as of Jun 30, 2026: 47 positions worth $1.9 bn. Largest: RYN, MAT, CNX, PPLI. Filed with the SEC on Aug 14, 2026.
The 13F is filed by Southeastern Asset Management, not by Mason Hawkins personally: these are the whole firm's positions. A “position” is a distinct security in the filing (by CUSIP); share classes of the same company are shown added together.
Buys in Q2 2026
- NewAbbott LaboratoriesABT+3.8 pp
- IncreasedCNX ResourcesCNX+1.1 pp
- NewTencent Music Entertainment GroupTME+0.9 pp
- IncreasedAlbertsons CompaniesACI+0.8 pp
- IncreasedRegeneron PharmaceuticalsREGN+0.7 pp
- IncreasedLiberty CapitalGLIBK+0.7 pp
- IncreasedEmpire State Realty TrustESRT+0.6 pp
- IncreasedAvantorAVTR+0.6 pp
Sells in Q2 2026
- Sold outBIO RAD LabsBIO−2.2 pp
- ReducedPeoplePPLI−2.0 pp
- ReducedTripadvisorTRIP−1.6 pp
- ReducedACM ResearchACMR−1.5 pp
- ReducedRayonierRYN−1.3 pp
- ReducedSharkninjaSN−1.3 pp
- ReducedFortune Brands InnovationsFBIN−1.3 pp
- ReducedMGM Resorts InternationalMGM−1.2 pp
- ReducedFedExFDX−0.8 pp
- ReducedMagnum Ice CreamMICC−0.5 pp
18 companies with material moves, out of 37 positions with a change. Only moves of 0.5 points of the portfolio or more are listed, measured as “traded weight” (what was bought or sold, excluding price effects). Smaller changes exist and are not listed: a position may have gone up or down without appearing above.
The full 13F, line by line
Southeastern Asset Management's Q2 2026 13F lists 47 lines of US-listed securities worth $1.9 bn; the largest is RYN at 10.5% of the portfolio. It was accepted by the SEC on Aug 14, 2026 at 4:05 PM ET.
Against the previous quarter, it opened 2 positions (ABT and TME), closed 4 (BIO, STZ, CLVT and FISV), added to 7 (CNX, GLIBK, ACI and ESRT and 3 more) and trimmed 24 (PPLI, RYN, FBIN and MGM and 20 more). 14 lines show the same number of shares.
| # | Company | Shares | Value | Weight | Change in shares |
|---|---|---|---|---|---|
| 1 | Rayonier RYN | 9.5 M | $202M | 10.5% | −12% |
| 2 | Mattel MAT | 12.3 M | $171M | 8.92% | −3.8% |
| 3 | CNX Resources CNX | 4.7 M | $158M | 8.25% | +16% |
| 4 | People PPLI | 3.1 M | $145M | 7.54% | −22% |
| 5 | Albertsons Companies ACI | 8.6 M | $117M | 6.09% | +16% |
| 6 | Regeneron Pharmaceuticals REGN | 152,322 | $95.0M | 4.95% | +17% |
| 7 | Fortune Brands Innovations FBIN | 1.7 M | $92.6M | 4.83% | −22% |
| 8 | Kraft Heinz KHC | 3.6 M | $85.2M | 4.45% | −8.6% |
| 9 | Abbott Laboratories ABT | 840,747 | $76.3M | 3.98% | new |
| 10 | FedEx FDX | 194,828 | $61.0M | 3.18% | −21% |
| 11 | MGM Resorts International MGM | 1.2 M | $55.9M | 2.92% | −30% |
| 12 | Empire State Realty Trust ESRT | 8.7 M | $47.0M | 2.45% | +34% |
| 13 | Avantor AVTR | 4.7 M | $46.8M | 2.44% | +34% |
| 14 | PVH PVH | 629,897 | $46.8M | 2.44% | −15% |
| 15 | Liberty Capital GLIBK | 1.9 M | $41.7M | 2.18% | +46% |
| 16 | CNH Industrial CNH | 3.5 M | $39.5M | 2.06% | −5.3% |
| 17 | Shenandoah Telecommunications SHEN | 2.6 M | $39.5M | 2.06% | −11% |
| 18 | White Mountains Insurance Group WTM | 17,104 | $35.5M | 1.85% | −9.3% |
| 19 | Graham Holdings GHC | 29,156 | $33.3M | 1.74% | −23% |
| 20 | Atlanta Braves Holdings BATRK | 605,091 | $31.4M | 1.64% | −9.8% |
| 21 | Tripadvisor TRIP | 2.3 M | $31.0M | 1.62% | −51% |
| 22 | Fidelity National Information Services FIS | 769,137 | $29.9M | 1.56% | −7.1% |
| 23 | Alexanders ALX | 99,013 | $27.3M | 1.42% | no change |
| 24 | Boston Beer SAM | 146,043 | $25.9M | 1.35% | +23% |
| 25 | Clearwater Paper CLW | 1.5 M | $24.1M | 1.26% | no change |
| 26 | Dole DOLE | 1.8 M | $24.0M | 1.25% | −9.4% |
| 27 | Tencent Music Entertainment Group TME | 2.3 M | $19.2M | 1.00% | new |
| 28 | New Oriental Education & Technology Group EDU | 411,598 | $18.9M | 0.99% | −21% |
| 29 | Joint Stock Company Kaspi.kz KSPI | 212,999 | $18.5M | 0.96% | −11% |
| 30 | ACM Research ACMR | 139,478 | $17.7M | 0.92% | −82% |
| 31 | Magnum Ice Cream MICC | 1.0 M | $17.4M | 0.91% | −38% |
| 32 | Sharkninja SN | 63,234 | $9.6M | 0.50% | −75% |
| 33 | H World Group HTHT | 205,682 | $8.6M | 0.45% | −11% |
| 34 | Melco Resorts & Entertainment MLCO | 1.6 M | $8.5M | 0.44% | −11% |
| 35 | Affiliated Managers Group AMG | 5,562 | $1.9M | 0.10% | no change |
| 36 | Cardinal Health CAH | 7,337 | $1.7M | 0.09% | no change |
| 37 | Liberty Capital GLIBA | 72,692 | $1.6M | 0.08% | −9.9% |
| 38 | Live Nation Entertainment LYV | 8,434 | $1.5M | 0.08% | no change |
| 39 | Hyatt Hotels H | 7,733 | $1.5M | 0.08% | no change |
| 40 | Henry Schein HSIC | 17,038 | $1.4M | 0.07% | no change |
| 41 | XPO XPO | 6,336 | $1.3M | 0.07% | no change |
| 42 | Madison Square Grdn Sprt COR MSGS | 3,218 | $1.3M | 0.07% | no change |
| 43 | RXO RXO | 43,731 | $1.2M | 0.06% | no change |
| 44 | PayPal Holdings PYPL | 22,463 | $970K | 0.05% | no change |
| 45 | Enovis ENOV | 44,258 | $916K | 0.05% | no change |
| 46 | Lazard LAZ | 18,608 | $780K | 0.04% | no change |
| 47 | Hdfc Bank HDB | 10,462 | $270K | 0.01% | no change |
Positions it closed (4)
- BIO RAD Labs BIOwas 2.23% · 162,804 shares
- Constellation Brands STZwas 0.03% · 3,661 shares
- Clarivate CLVTwas 0.02% · 121,927 shares
- Fiserv FISVwas 0.01% · 3,990 shares
One row per line of the filing (by CUSIP): share classes of the same company are listed separately here. “Change in shares” compares the count with the previous quarter, split-adjusted; the value is the one reported in the 13F at quarter end, not today's price.
Original documents: Southeastern Asset Management's 13F filings on EDGAR (SEC) ↗
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Source: 13F filings with the SEC. A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions. Not investment advice.